March 31st – IRS 1099 Forms Deadline and Due Dates for 2016 Tax Year

Form 1099 is a series of 23 documents; the IRS refers to as information returns about income. We have different types of 1099 forms (1099-MISC, 1099-K, 1099-INT and etc) that reports the various type of incomes during the year. The due date for 1099s forms is March 31st, 2017. 

IRS 1099-MISC Form

1099-MISC reports all the miscellaneous income transactions, the total amount you received through the payments from a single person for your services over the year.  

1099-MISC Deadline and Due Dates

  • Recipient copy by January 31, 2017
  • IRS Paper Filing – Box 7 by January 31, 2017
  • IRS Electronic Filing – Box 7 by January 31, 2017
  • IRS Paper Filing – Other Boxes by February 28, 2017
  • IRS Electronic Filing – Other Boxes by March 31, 2017

IRS 1099-INT Form

The 1099-INT form reports all interest income from banks, financial institutions, government agencies, and brokerages. You may have to report income tax on the interests of these received payments. 

1099-INT Deadline and Due Dates

  • Recipient copy by January 31, 2017
  • IRS Paper Filing by February 28, 2017
  • IRS Electronic Filing by March 31, 2017

IRS 1099-K Form

1099 K form is used for reporting some payment transactions (debit, credit, third-party payment network transactions) for improving voluntary tax compliance. 

1099-K Deadline and Due Dates

  • Recipient Copy by January 31, 2017
  • IRS Paper Filing by February 28, 2017
  • IRS Electronic Filing by March 31, 2017
Today E-file your 1099s or ACA forms with IRS and avoid late fees or penalties.